Clovis

Really old artifacts are always fascinating, acting almost like time machines in the way that they let us peer back through hundreds or even thousands of years of history – and archaeologists have just discovered a tube-shaped bead in Wyoming that is thought to be some 12,940 years old.The bead is the oldest ever found in the Western hemisphere: it's just 7 millimeters (0.28 inches) long and 2.9 mm (0.11 inches) in diameter. According to the team that identified it, it has a lot to tell us about personal ornamentation in…

Clovis Oncology Inc., maker of the ovarian and prostate cancer drug Rubraca, filed for bankruptcy over the weekend with a proposed deal in hand to sell its rights to a cancer therapy under development to Swiss pharmaceutical giant Novartis AG . Novartis Innovative Therapies AG has agreed to make an upfront payment of $50 million for Clovis’s clinical candidate, FAP-2286, and could pay an additional $333.75 million if certain development milestones are reached, plus $297 million for subsequent sales…